The first-ever Export Preparedness Index in India was launched in _____.
Show answer & explanation
Correct answer: D
Explanation
The first-ever Export Preparedness Index in India was launched in 2020.
NITI Aayog launched this index in partnership with the Institute for Competitiveness.
Key facts about the Export Preparedness Index (EPI):
Objective: To assess the export potential and performance of Indian states and union territories.
First edition: Released in August 2020.
Four Key Pillars: The index is based on the following four key pillars:
Policy: Existence of a comprehensive export strategy.
Business Ecosystem: A conducive environment for business.
Export Ecosystem: Export-specific infrastructure.
Export Performance: Actual export production and diversity.